FG opens negotiations with World Bank for financing of proposed vaccine plant

Federal Government has opened negotiations with the World Bank to raise about $30 million in financing a proposed vaccine plant in the country.

Vice President, Prof Yemi Osinbajo

Vice President, Professor Yemi Osinbajo stated this on Monday in Abuja while declaring open the International Conference on Health Access and Socio-Economic Development beyond Covid-19.

Organized by the Nigerian Institute for Pharmaceutical Research and Development (NIPRD), the three-day conference was tagged as the first multi-sectoral approach to solution-finding.

He said that the Nigerian government owns 49% of the plant, Bio-vaccine Nigeria Limited, which has Prof. Oyewale Tomori as its Chairman, while the balance is held by May and Baker Nigeria Plc.

Prof. Osinbajo added that the company has plans to begin construction of a plant in the first quarter of next year.

“The plant, which is supposed to be located in Ota, Ogun State, will initially, we are told, fill and finish, which I’m also told, means importing the raw materials for the vaccines and then packaging them for distribution.

“Full manufacturing, we are told, is expected to follow in the coming months or years; I am not entirely certain, when.”

According to the Vice President, some South African companies like Aspen Pharmacare and Belvac Institute operate similar facilities.

“So, it is evident that the way forward is more funding for healthcare and research for innovators to develop solutions in pharmaceuticals and medical consumables.

“And I want to say that after some of the discussion that I held with Dr Adigwe about what to do on how to go about this, I think that I am more than inspired especially regarding not just the potential but exactly how to get the kinds of support that the pharmaceutical industry and especially our research agencies would require.”

On the Health Sector Intervention Fund, established by the Nigerian government, Prof. Osinbajo said the facility has disbursed about N76.9 billion (about $185 million) to finance the acquisition and installation of critical medical care equipment as well as the expansion of production lines in various pharmaceutical companies across the country.

See also  NGX : Investors lose N11.94bn as ASI dips by -0.05%, sentiment remains negative

“The CBN is also supporting a number of research and development initiatives in the health sector. In all, I believe the CBN has disbursed a total of N233 billion in grants.”

Prof. Osinbajo also as the occasion, highlighted Nigeria’s intervention that reduced the impact of the Covid-19 pandemic in the country from the time the first patient was discovered, which revealed the country’s health capacities.

“A sample of the virus was sent to the African Centre of Excellence for Genomics of infectious diseases at the Redeemers University in Ede in Osun State.

“There, a team led by Prof. Christian Happi analysed the sample and was able within 48 hours to share the first genome sequence of the severe acute respiratory syndrome, Corona Virus 2 from Africa to the global science community.  Few knew that we had that capacity or that the facility existed or had even been recognized internationally before this happened.

“Second we were able to scale up on testing and case management capacity quickly, activating about 120 laboratories at least as of the end of last year from just five before the pandemic—most of them public laboratories.

“Also we expanded the footprint of our sovereign public health response capabilities at the sub-national level and in areas where previously such capabilities did not exist at all.

“One reason why we have been able to manage this pandemic, I believe, better than many expected aside from the providence of the fact that we did not have the expected rate of infections that had been predicted is that we had an existing public health infrastructure to work with.

“The Ebola outbreak of 2014, and ongoing battle with Lassa fever and our successes with polio eradication helped us to at least tighten our epidemic contingency plans, strengthen our emergency co-ordination and surveillance capabilities and also helped us to invest in public health laboratories.

“One of the key lessons we learnt, I believe, from our response to the Ebola outbreak was the need to build systems, as they say, in peace time that can be used during outbreaks.”

See also  Ecobank Nigeria to sustain SMEs support, grow agency banking network in 2022

Vice President Yemi Osinbajo said that the Nigerian Centre for Disease Control (NCDC) which was founded in 2011, was made an independent government agency in 2018.

“This is very crucial because as we prioritized the strengthening of our public health infrastructure in 2018, no one expected that there would be a pandemic in 2020.

“So as it turned out the NCDC independence is important in its being able to function unrestrained by bureaucracy when the pandemic struck and it was able to attract to a good extent direct funding.

“With the NCDC’s National Public Health Reference Laboratory in Daduwa in Abuja, a state-of-the-art equipment and well-trained scientists, it is evident to me that the NCDC is one of the best prepared and resourced facilities at least in sub-Saharan Africa.”

Osinbajo said that Nigeria’s local response to the covid-19 pandemic also witnessed the setting up of the Presidential Task Force to co-ordinate the intervention.

He said that the task force, led by the Secretary to the Government of the Federation, “Coordinated the national response, set the rules and briefed the nation daily for months, really did a great job because they were then able to swiftly do what is required to at least give the semblance of some order in the way that we approached the pandemic.

“The task force issued and enforced covid protocols for travel and general movement and when the first doses of vaccines came, the task force developed  certain protocols and public health systems used for mass vaccinations deployed across the country so that the very first eligible vaccine candidates received their vaccinations seamlessly.”

The VP said that the Covid-19 pandemic was an eye-opener for him in five ways, including how some of the wealthiest and most developed economies of the world were tragically unprepared to handle public health emergency on the scale and uncertainty of the covid-19, whereas countries with modest economic profiles quickly deployed a public health framework that was responsive and effective.

See also  South-East traders lament high charges on import duty, reject fresh increment

“The second eye-opener for me was that people whether educated or uneducated, from developed or developing nations, still have to be persuaded to take precautions to prevent them from contracting a deadly disease.

“The third eye-opener for me is the danger of conspiracy theory and false information, especially in a public health crisis.  Millions in the US, thousands in the UK, many all over the world, based on false information, here in Africa, insist that vaccines are dangerous and that there is a conspiracy to change your DNA and to put the mark of the beast or simply insert a chip in you to track you forever, wherever you may be.

“The fourth eye-opener is that when there is a global health crisis on the scale of the covid-19  do not expect any or much help from anyone.  Every nation is on its own.

“The fifth eye-opener is that despite infrastructural weaknesses, we in Nigeria have an experienced and robust public health system, peopled by some of the best personnel anywhere in the world.  But more importantly, we have an opportunity to become one of the leading nations in healthcare.”

Remarking at the event, Director-General of the NIPRD, Dr Obi Atigwe noted that at the beginning of the Covid-19 pandemic started in Nigeria there was no solution in sight, except social hygienic measures put in place to curtail its spread.

He said that despite the several interventions developed in the world, there are still several challenges like access to vaccines, vaccine storage administration, apathy and inadequate clinical data and others.

Keynote speaker at the event, Prof. Joseph Fortunak of Howard University, USA, challenged Nigeria and African countries to do more in the production of vaccines.

The conference will have 22 professionals and captains of the industry speaking on various thematic areas and giving different perspectives at the conference.

Leave a Reply

Your email address will not be published. Required fields are marked *